Caveat Vendor

The Supreme Court today, in a 7-2 decision, invalidated the Professional & Amateur Sports Protection Act (“PASPA”), paving the way for States to authorize and regulate sports betting if they wish. Only Justices Ginsburg and Sotomayor dissented entirely from the decision. The reasoning of the decision is so broad as to give support to those looking to permit (intrastate) mobile and online sports betting as well, not just bricks and mortar. Nearly 20 states either have already enacted sports-betting laws in anticipation of the Court’s ruling or have bills in various stages of consideration.

You’d think the first casino magnate as president would have the U.S. gaming industry rejoicing, but there is one segment of the industry that likely is holding its collective breath – the internet gambling sector.